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Profitable Ideas: Putting Recent Market Events in Perspective, Reasons to Ditch Your Car, and More

A weekly roundup of helpful personal finance articles.

Perspective (Sound Mind Investing) Some helpful context for all the recent stock market volatility. Also see Never Waste a Downturn.

3 investing mistakes to avoid (Morningstar). Some good reminders for times like these.

5 reasons to ditch your car in 2018 (Magnify Money). If you’re a two-car family and trying to save money or pay off debt, have you ever considered becoming a one-car family. I can be done!

Surrendering the golden fortress (Becoming Minimalist). Needs and wants. How easily we get them confused.

The money questions you should be asking your parents (Workable Wealth). Far better to open up these conversations while they’re still alive and healthy.

Fewer than half of parents take advantage of this money-saving tax break (MarketWatch). Are you leaving money on the table?

Simple strategy for retirement (Chicago Tribune). Simple is good. What’s your assumption about how long you’ll work?

The wealth of sapiens (Daniel P. Egan). Every now and then it’s helpful to remember what really matters.

What are your thoughts on any of the above? Let me know by leaving a comment below.

Interested in more ideas and encouragement for using money well? If you haven’t done so already, why not sign up for a free subscription to this blog?

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2 Responses to Profitable Ideas: Putting Recent Market Events in Perspective, Reasons to Ditch Your Car, and More

  1. Matt Bell February 12, 2018 at 6:34 AM #

    It’s my pleasure, Kojo. Thanks for your feedback.

  2. Kojo February 11, 2018 at 11:58 PM #

    Always great links you provide, thank you, appreciate all that you do.

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